Lender QuestionnaireA reference for condominium and community association questionnaires

Lender questionnaire for Templeton of Alexandria Condominium

Woodbridge, Virginia

Location
Woodbridge, Virginia
Contact of record
Cardinal Management Group LLC

Who completes it

Cardinal Management Group LLC is the contact of record for Templeton of Alexandria Condominium in the common interest community association register (file 0550), published by the Virginia Department of Professional and Occupational Regulation and read on August 15, 2026. A lender questionnaire for a unit in this association is addressed to the association through that office.

Where the contact of record is a management company, that office usually completes the form itself. Where it is a law firm, an accountant or a registered agent, the form is normally passed to whoever keeps the association's books. In neither case is it answered by the lender, the buyer or the seller.

Which form the lender sends

For a condominium the lender sends Fannie Mae Form 1076, which Freddie Mac issues as Form 476, the Condominium Project Questionnaire. It travels with the addendum, Form 1076A or 476A, covering building safety and deferred maintenance. Many lenders send their own version instead, asking the same underwriting questions in a different order.

Two things that were true until recently and are not now. The short form questionnaires, Fannie Mae Form 1077 and Freddie Mac Form 477, are retired. So is Limited Review: for applications dated on or after 3 August 2026, Full Review is the regime, which means the full questionnaire is answered even on the loans that used to escape it.

The answers that hold a file up are usually the same few: the split between owner occupied and rented units, how much of the budget goes to reserves, whether a single owner holds more than the permitted share of the units, litigation, and any deferred maintenance or special assessment.

What Virginia sets by statute

A lender questionnaire is not the statutory resale package, and the two are routinely confused. The questionnaire is the lender's own form and is generally neither capped nor timed by statute. The resale package that goes to the buyer is both, and in Virginia it runs as follows.

Who prepares it
the association, the association's managing agent, or any third party preparing the resale certificate on behalf of the association (Va. Code § 55.1-2309(B))
Current charge
Set by the Common Interest Community Board's published schedule, currently $211.96 prepared on paper or $176.64 electronic, plus $141.31 for an inspection, in force since January 12, 2023
Update or rush
$70.66 expedite within five business days if the preparer agrees, $70.66 pre-settlement update, $35.33 per additional hard copy
Deadline
14 days from written request, after which the certificate is deemed unavailable
Who pays
The seller, expressly, for preparation, delivery and inspection; the purchaser for a post-closing fee

Read at source on August 14, 2026. § 55.1-2309 · § 55.1-2316 · CIC Board schedule. How the three documents differ is set out here.

Where this came from

Virginia Department of Professional and Occupational Regulation. common interest community association register (file 0550). Published August 10, 2026, read August 15, 2026. The Department states the lists are updated every five business days. Source. The association name, locality and contact of record are reproduced as filed. Individuals' names, email addresses and telephone numbers in the same file are deliberately not republished.

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